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COPYRIGHT 2001 Asia Pulse Pty Ltd
BEIJING, Oct 31 Asia Pulse - Automobile buyers will pay less tax when purchasing the majority of vehicles in China from November 1.
The State Administration of Taxation (SAT) announced the decrease in the basic price for taxation of more than 30,000 types of domestically made and imported automobiles in the wake of the automobiles' price drop in the domestic market.
It is the first time the administration has adjusted the basic price for taxation after the country began...
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